NH Nonghyup Bank announced that it has obtained a Business Method (BM) patent for its 'Asset Notification Service,' which regularly informs customers about changes in their financial assets.
The BM patent is granted for new business systems or methods that implement business ideas using information and communication technology (ICT) such as computers and the internet.
The 'Asset Notification Service' is a wealth management service that regularly notifies customers of changes in their assets held across various financial institutions via text messages and KakaoTalk alerts.
This service allows customers to stay informed about significant changes without having to check each financial institution individually, enhancing both asset management convenience and the prevention of financial accidents.
Nonghyup Bank explained that this patent acquisition recognizes the uniqueness of its asset management services developed using financial and public data since the establishment of the NH MyData service in 2021.
Kim Joo-sik, Vice President of the AI Data Division at NH Nonghyup Bank, stated, "This patent acquisition is the result of enhancing services to improve customer convenience and financial safety based on NH MyData. We will continue to discover differentiated asset management services that benefit our customers' financial lives."
* This article has been translated by AI.
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